Arch Capital Group Ltd. (NASDAQ:ACGLO) to Issue $0.34 Quarterly Dividend

Arch Capital Group Ltd. (NASDAQ:ACGLO) announced a quarterly dividend on Wednesday, February 26th, Wall Street Journal reports. Stockholders of record on Saturday, March 15th will be given a dividend of 0.3406 per share on Monday, March 31st. This represents a $1.36 annualized dividend and a dividend yield of 6.45%. The ex-dividend date is Friday, March 14th.

Arch Capital Group Price Performance

NASDAQ:ACGLO traded down $0.10 on Wednesday, reaching $21.13. The stock had a trading volume of 1,733 shares, compared to its average volume of 20,369. The stock has a fifty day moving average price of $21.67 and a 200-day moving average price of $22.57. Arch Capital Group has a 1-year low of $20.78 and a 1-year high of $24.48.

Arch Capital Group Company Profile

Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.